investment in high-inflation era

S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., will approve the much-touted 8 trillion won ($6 billion) Shaheen project to expand its ...

LG Electronics Inc., the global top home appliance maker, will bet on the healthcare, mobility and metaverse sectors in North America through invest...

The South Korean won currency on Friday reported the largest daily gain in almost 14 years as lower-than-expected US inflation data bolstered expect...

South Korean economic growth is expected to decline further next year to the slowest level since the COVID-19 breakout while inflation is likely t...

South Korea’s small- and mid-sized brokerage houses have begun their workforce reductions ahead of the end of the year. The brokerages are set...

KT Corp., a South Korean telecommunications giant, plans to invest $2 million in Sonde Health Inc., a US voice biomarker developer, to enhance the c...

South Korean biopharmaceutical giant Celltrion Inc. announced 654.6 billion won ($478.2 million) in revenue and 213.8 billion won in operating profi...

LG Electronics Inc., an industry frontrunner in applying artificial intelligence to home appliances, said on Wednesday it has joined forces with Alt...

South Korea’s job growth in October fell for a fifth consecutive month to the lowest in eleven months, boosting concerns over a slowdown in As...

NCSOFT Corp., which announced early this year plans to install non-fungible token (NFT) technology in the global version of its online role-playing ...

SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it has begun selling low-power, high-efficiency DRAM chips calle...

The South Korean won on Wednesday hit a two-month high on expectations that a victory by the Republicans in the US midterm elections may slow the Fe...

SK Square Co., the investment management arm of South Korea’s SK Group, is looking to reap handsome gains from its investment and divestment a...

LG Display Co., a major South Korean display panel maker, said on Tuesday it has developed the world’s first full-color stretchable display th...

Global businesses are forecast to suffer supply chain disruptions next year amid worsening geopolitical risk, such as the Russia-Ukraine war and pro...

South Korea's Shinhan Financial Group said on Monday it held a ceremony Friday to launch Shinhan Future's Lab Japan in Tokyo.The business accelerati...

SK On Co., the world’s fifth-largest electric battery maker, said on Sunday it signed a deal on Nov. 4 to purchase lithium hydroxide, a key ba...

South Korea’s leading cable manufacturer LS Cable & System Ltd. is poised to become the largest shareholder of undersea cable construction...

SK IE Technology Co. (SKIET), a unit of South Korea’s energy and battery maker SK Innovation Co., said on Friday it is embarking on a non-deal...

Korea's POSCO International, the trading arm of POSCO Group, on Friday formally merged with POSCO Energy, which handles liquefied natural gas (LNG) ...

South Korea’s Hyundai Heavy Industries Group said on Friday it has signed a deal to invest $30 million in TerraPower, a US nuclear power ventu...

South Korea’s central bank may increase interest rates by 50 basis points again as the US Federal Reserve continued to aggressively tighten mo...

South Korea’s Mirae Asset Securities Co., which committed $100 million to Elon Musk’s Space Exploration Technologies Corp. (SpaceX) in J...

South Korean conglomerates in recent years have ramped up their investment in startups, yielding positive returns. Hyundai Motor Co. Vice Pre...

Korea's game development company WeMade has secured new investment worth 66 billion won ($46.4 million), breathing a sigh of relief after receiving ...

Sweden’s EQT Partners AB is set to acquire a 36.87% stake in South Korean security services provider SK Shieldus Co. from a consortium led by ...

The South Korean government, in tandem with the private sector, launched a battery alliance on Tuesday in a bid to support the companies in sourcing...

Consumption of ginseng and red ginseng (hongsam) can improve memory capacity and prevent high blood pressure, diabetes and muscle loss, according to...

South Korea’s Meritz Financial Group Inc. is poised to sell off its subsidiary Meritz Asset Management Co., The Korea Economic Daily understoo...

iCore is a component and module maker in the machine vision industry. It develops technology and manufactures products for imaging-based automatic ins...